科学与管理2024，Vol.44Issue(2)：19-29,11.DOI:10.3969/j.issn.1003-8256.2024.02.003
绿色金融发展水平对企业绿色创新的影响研究
The Impact of Green Financial Development Level on Corporate Green Innovation:Quasi-Natural Experiment Based on Five Provincial Experimental Areas
摘要
Abstract
Under the call of the"Double Carbon Target",green finance is an important market financial tool to guide energy conservation and carbon reduction,and green innovation is an important means for enterprises to reduce carbon emissions and achieve clean production.This paper conducts quasi-natural experiments on the green financial reform and innovation experimental areas of Jiangxi,Xinjiang,Guizhou,Guangdong,and Zhejiang provinces,and constructs a double-difference model based on the samples of Shanghai and Shenzhen A-share listed companies to analyze the relationship between green finance and green innovation.Besides,heterogeneity analysis is conducted for other variables at the firm and provincial level.The paper finds that the green financial policy can improve the green innovation ability of enterprises;the green innovation level of non-state-owned enterprises,large-scale enterprises,and enterprises in non-heavy pollution industries is generally stronger than that of other enterprises;at the same time,the level of regional openness will also affect the green innovation ability of enterprises.Therefore,the government needs to improve the green financial reform system;formulate corresponding guidance programs for heavily polluting industries;introduce a carbon emission trading mechanism and strengthen international cooperation.关键词
绿色金融/绿色创新/绿色金融改革试验区/双重差分模型Key words
green finance/green innovation/green finance reform pilot area/difference-in-differences model分类
管理科学引用本文复制引用
秦佳良,徐嘉茹..绿色金融发展水平对企业绿色创新的影响研究[J].科学与管理,2024,44(2):19-29,11.基金项目
国家社会科学基金项目(20XSH020) （20XSH020）
上海市青年科技英才扬帆计划项目(21YF1431100) （21YF1431100）
